Signet Jewelers delivers ‘quality’ quarter, raises full-year outlook
<p>The retailer swung to a profit in Q2, extended its credit agreement and expounded on the relaunch of its core brand websites.</p>
<p>The retailer swung to a profit in Q2, extended its credit agreement and expounded on the relaunch of its core brand websites.</p>
<figure><div><img src="https://imgproxy.citrusreader.com/e8LcY4OvqchnIXNEzXkim2vCeNV3Q9sbMHt7Bfy3AD4/raw:1/aHR0cHM6Ly9pbWdwcm94eS5kaXZlY2RuLmNvbS9rN1I3ZThtb1FyUnB5RmpheDdnQUI3bmt6UG54SkQxVW5HY3h3UzlPUk1rL2c6bm93ZTowOjg3L2M6NjQwOjM2MS9yczpmaWxsOjE2MDA6OTAwOjEvWjNNNkx5OWthWFpsYzJsMFpTMXpkRzl5WVdkbEwyUnBkbVZwYldGblpTOXRZV2x1WlY5dFlXeHNYekl5YW1GdU1qWmZMVjgwTG1wd1pXYz0ud2VicA"></div></figure><p>The apparel retailer says it resolved several disputes with creditors and it did not receive other qualified bids for its IP aside from Stand Out For Good. </p>
<figure><div><img src="https://imgproxy.citrusreader.com/yMOi5JZfQGG1HLl2RqpnsrhWbT8mMAYQXiYzwREjLB8/raw:1/aHR0cHM6Ly9pbWdwcm94eS5kaXZlY2RuLmNvbS9OWXlrajhEV09OTUs0OU9PNmJEYVVhWmpMVFpXdktXblR0N01SUU1xTG1RL2c6bm93ZTo0OToxODgvYzozMTUwOjE3NzkvcnM6ZmlsbDoxNjAwOjkwMDoxL1ozTTZMeTlrYVhabGMybDBaUzF6ZEc5eVlXZGxMMlJwZG1WcGJXRm5aUzlKVFVkZk1UWXlOUzVxY0djPS53ZWJw"></div></figure><p>Retailers are using AI technologies to overhaul their customer experience, supply chain and personalized shopping offerings, according to Q2 earnings calls.</p>
<figure><div><img src="https://imgproxy.citrusreader.com/9d3hh70HqyCa0tU3vGzJtxs8nhAn-Mpst3xE614_vx4/raw:1/aHR0cHM6Ly9pbWdwcm94eS5kaXZlY2RuLmNvbS8xRlpXX2hFNWlrQlpxbDJ1bEpPYm1qcHhzckQxeGZ0MWtBQWgzTVlObWhJL2c6Y2UvcnM6ZmlsbDoxNjAwOjkwMDoxL1ozTTZMeTlrYVhabGMybDBaUzF6ZEc5eVlXZGxMMlJwZG1WcGJXRm5aUzlIWlhSMGVVbHRZV2RsY3kwMk9EVTBNVFE1TkRBdWFuQm4ud2VicA"></div></figure><p>Inflation is expected to account for much of the increase, according to a new report from Bain & Company.</p>
<figure><div><img src="https://imgproxy.citrusreader.com/-TJY45iWc8lLULwLflQnzyRLFBDP57vkc2ra0klgbQs/raw:1/aHR0cHM6Ly9pbWdwcm94eS5kaXZlY2RuLmNvbS9zWmZrTGtMc2dPUXpYaU1pa3VWdFNiSVFWdlpqb2xVa3BrcFp2VndiLTM0L2c6Y2UvcnM6ZmlsbDoxNjAwOjkwMDoxL1ozTTZMeTlrYVhabGMybDBaUzF6ZEc5eVlXZGxMMlJwZG1WcGJXRm5aUzlUWTNKbFpXNXphRzkwWHpJd01qWXRNRGt0TURoZk1EZzFOVE16TG5CdVp3PT0ud2VicA"></div></figure><p>The retailer introduced new ways brands can build awareness through its retail media network at its inaugural Upfront event in Chicago.</p>
<figure><div><img src="https://imgproxy.citrusreader.com/P9mK0vBT5SbQZFoCLmGFxjAKJyjA1gFRVeMf5esZg6M/raw:1/aHR0cHM6Ly9pbWdwcm94eS5kaXZlY2RuLmNvbS9BUXA4aVdiTVVQVTlNMy1OSDFfY1ctY29PR0tYcC13ajl1bmZjSEFBY3NRL2c6bm93ZTo0Nzc6MC9jOjM1NTQ6MjAwNy9yczpmaWxsOjE2MDA6OTAwOjEvWjNNNkx5OWthWFpsYzJsMFpTMXpkRzl5WVdkbEwyUnBkbVZwYldGblpTOUpUVWN0TVRVM01TNXFjR2M9LndlYnA"></div></figure><p>The shift, effective Sept. 21, is mostly symbolic, especially for the mall company. But for the apparel brand it’s a fresh reminder of ongoing struggles.</p>
<figure><div><img src="https://imgproxy.citrusreader.com/YhzV89Unq4fyCqcQcQmW3VQNjP6rtH4VKKchC0vB9sA/raw:1/aHR0cHM6Ly9pbWdwcm94eS5kaXZlY2RuLmNvbS85aVRVYWk2Ql92eDJ5WThLV2lPWFYtUlNSZnh6TjRQQ21jeHNmcjZKWmpFL2c6bm93ZTowOjIwL2M6NjQwOjM2MS9yczpmaWxsOjE2MDA6OTAwOjEvWjNNNkx5OWthWFpsYzJsMFpTMXpkRzl5WVdkbEwyUnBkbVZwYldGblpTOWlZbUo1WHkxZk1TNXFjR1ZuLndlYnA"></div></figure><p>The company — now rebranded to Neighborhood Intelligence — says it determined F9 Brands couldn't satisfy closing requirements.</p>
<figure><div><img src="https://imgproxy.citrusreader.com/xSZPTApdlMVGvHmZCvPkWFZktEOnMuA3JS-kddGBfRY/raw:1/aHR0cHM6Ly9pbWdwcm94eS5kaXZlY2RuLmNvbS9nRmlnSHVUQk1XQWFSc3oybnBjb05BWDJDa2pBVEo3eDJXU1UxVlgwakJRL2c6Y2UvcnM6ZmlsbDoxNjAwOjkwMDoxL1ozTTZMeTlrYVhabGMybDBaUzF6ZEc5eVlXZGxMMlJwZG1WcGJXRm5aUzlPTFRRMU1URXVhbkJuLndlYnA"></div></figure><p>The rental subscription service aims to launch an automated order sortation system and picking solution at its Kansas City-area facility.</p>
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